![Gold – 12.07.2024](https://assets.iorbex.com/blog/wp-content/uploads/2024/07/12155348/gold-chart-12.07.2024.png)
Gold managed to sustain an advance and yesterday met the target 2315-30.
As we see on the chart, the market is facing the first Intraday support around 2392-95 and this could lead to another rebound toward 2325-30.
Below 2392, more of a drop to test the 2370 support could hit the market which in turn could activate another rebound.
Below 2370 more of a drop will be expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 2392-95 | 2325-30 |
LEVEL2 | 2370 | 2350 |
LEVEL3 | 2350 | 2370 |
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